Posted by roslaom > 2021-10-30 14:53 | Report Abuse

Banyak duit tiris at middle management level and cronism issues on purchased services and subcontracting works.

Posted by Nikmon > 2021-10-30 15:29 | Report Abuse

The high turnover recently at middle layer may be due to issues mentioned below.


Posted by roslaom > Oct 30, 2021 2:53 PM | Report Abuse

Banyak duit tiris at middle management level and cronism issues on purchased services and subcontracting works

Posted by Nikmon > 2021-10-30 16:11 | Report Abuse

From the article, seems like the CEO struggle to make company afloat, most of revenue will divest to investment like jerun, don't expect high profit from E&P, Brazil new contract start only in Oct. New driller contract need to unexpected quarantine....

The only positive new is Annuar is committed turnaround asap, I guess will have moderate recover in 3rd QR and hopefully 4Q will have significant rebounce.

Maybe price sideline for a while before pick up probably early of Dec.


Posted by Godofgambler > Oct 30, 2021 2:08 PM | Report Abuse

Big things coming
TP0.30 soon

Posted by Godofgambler > 2021-10-30 20:18 | Report Abuse

Rocket soon.
Will overtake Armada

Posted by Godofgambler > 2021-10-31 10:35 | Report Abuse

https://www.theedgemarkets.com/article/global-oil-demand-soaring-and-refiners-are-reaping-profit

Posted by BennyWhittman > 2021-10-31 11:09 | Report Abuse

Oil price has been soaring upwards the past 6 months and Sapnrg is moving the other way. This Godof Lies is just another empty vessel shouting TP at every forum, from Pharma to KNM and now Sapnrg....30 sens from 10 sens...seriously? God have mercy, if this is the best you have.

Posted by izoklse > 2021-10-31 11:56 | Report Abuse

the edge 1 Nov copy got story about Sapura and interview with Anuar Taib. Dont know can go up or not but when i read it...fell like sapura got challenging years ahead maybe until 2023. :-(

Posted by Godofgambler > 2021-10-31 16:53 | Report Abuse

https://www.upstreamonline.com/field-development/saudi-aramco-floats-tenders-for-trio-of-offshore-projects-involving-giant-oilfields/2-1-1088657

Posted by Nikmon > 2021-10-31 16:53 | Report Abuse

Yeah, from the article if no surprise the price will be sideline. The Q result won't see much change until old contract clear...at least 6 months

Posted by izoklse > Oct 31, 2021 11:56 AM | Report Abuse

the edge 1 Nov copy got story about Sapura and interview with Anuar Taib. Dont know can go up or not but when i read it...fell like sapura got challenging years ahead maybe until 2023. :-(

Posted by Tobby > 2021-10-31 17:07 | Report Abuse

My biggest mistake is believing in turnaround story for Saprng! Best to stay away until we can see clear indication things really turnaround! Sorry to mislead you guys in the past as i also suffer abit! Totally sold all after getting the last quarter result!
Learn from our mistake and move on!

Posted by Nikmon > 2021-10-31 17:13 | Report Abuse

you are right, but when it has clear indication of turning around, it maybe too late...

Look at AA....it still need 2 years at least before can see turn around..haha


Posted by Tobby > Oct 31, 2021 5:07 PM | Report Abuse

My biggest mistake is believing in turnaround story for Saprng! Best to stay away until we can see clear indication things really turnaround! Sorry to mislead you guys in the past as i also suffer abit! Totally sold all after getting the last quarter result!
Learn from our mistake and move on!

Posted by Godofgambler > 2021-10-31 20:54 | Report Abuse

https://www.theedgemarkets.com/article/saudi-aramcos-quarterly-profit-surges-oil-price-volumes

Posted by strattegist > 2021-11-01 12:08 |

Post removed.Why?

Posted by Godofgambler > 2021-11-01 18:36 | Report Abuse

Today oil high price

Posted by fluffyclouds > 2021-11-01 21:50 | Report Abuse

Oil price rising, USA storage empty, Sapura won loads of contracts. Substantial shareholder buying up huge amounts. World economy picking up you see less cars on the road or more ? coldest winters expected Europe..Yes you guys should sell...I topped up today.

Posted by fluffyclouds > 2021-11-01 21:54 | Report Abuse

AA is totally different, cannot compare apples and oranges

Posted by Icon 888 > 2021-11-02 03:25 | Report Abuse

Brother , r u here.. sleeping too long

Posted by strattegist > 2021-11-02 06:51 |

Post removed.Why?

Posted by DickyMe > 2021-11-02 10:22 |

Post removed.Why?

Posted by koyokui > 2021-11-02 14:43 | Report Abuse

https://www.investing.com/commodities/crude-oil

Posted by cashflow > 2021-11-02 16:51 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Bank-Of-America-Sees-120-Oil-By-June-2022.html

Posted by cashflow > 2021-11-02 16:51 | Report Abuse

Sapura bet for next earnings.Fingers crossed the figures will look much better after foreseeable losses captured in previous quarter report.

Posted by Johnfatt > 2021-11-03 10:08 | Report Abuse

after I switched my fund from armada stuck here for 2 years, knn

Posted by DickyMe > 2021-11-03 11:39 | Report Abuse

LOL

Posted by DickyMe > 2021-11-03 11:40 |

Post removed.Why?

Posted by strattegist > 2021-11-03 12:02 |

Post removed.Why?

Posted by amirsyam > 2021-11-05 11:17 | Report Abuse

Crude Oil is in bearish mode.

Posted by Nikmon > 2021-11-05 21:19 | Report Abuse

延續今年前幾季的海上工程進展，雲林離岸風場已安裝完成的風機，近期將逐支進行送電測試，並於今日順利完成首座風機的併網與送電。目前，雲林離岸風場已為未來營運做好萬全準備，並預計於2021年底進入第一批風機的營運階段。

Seems like wing farm installation completed soon..

Posted by UlarSawa > 2021-11-06 11:43 | Report Abuse

Now Sapnrg with bad record leh. Project delayed caused a bomb to the company leh. High debt high finance cost enuuf to cover by current projects on hand kah. Future projects execution ada delay or not. No one know also leh. Vendor and contractorc demand Cash payment baruaucsupply also another problem will drain ths cash on hand leh. Pray hard no more project delay lah. Look like the new mgmt team without the old birds can perform or not still need time to prove it leh. At mean time still kfc menu only leh. Correct?

Posted by koyokui > 2021-11-08 09:14 | Report Abuse

Buy winter coming more energy needed

Posted by vllyk > 2021-11-08 09:33 | Report Abuse

at one point in time Bumi Armada was a growing concern from market news and it has since turned around. Am Hoping Sapura Energy will follow suit though it may take a while.

Posted by vcinvestor > 2021-11-08 09:41 | Report Abuse

how do i buy winter? what's the stock code?

Posted by cashflow > 2021-11-08 11:17 | Report Abuse

Guys. Sapura is going to move eventually for next earnings sentiment. However ICON offshore is going for higher gearing with the improved cash. Soon will trade 15 cents before cruising for 20 cents. Join the club, easy money.

Posted by strattegist > 2021-11-08 11:32 |

Post removed.Why?

Posted by masterkevin212 > 2021-11-09 20:50 | Report Abuse

If sapura this round start moving, next step will surprise you.

Posted by cashflow > 2021-11-10 00:35 | Report Abuse

Just watch how these Oil counters frustrate retailers to quit, and then the whales buy their tickets to push higher.

Posted by masterkevin212 > 2021-11-10 14:57 | Report Abuse

10 February 2021 - Sapura Energy Berhad (“Sapura Energy" or the “Company”) is pleased to announce that its wholly-owned subsidiaries and joint venture have been awarded contracts/contract extension with a combined value of approximately RM1.85 billion.

27 April 2021- Sapura Energy Berhad (“Sapura Energy" or the “Company”) is pleased to announce that its wholly-owned subsidiaries in Engineering and Construction (E&C) have been awarded contracts with a combined value of approximately RM1.0 billion.

21 July 2021 - Sapura Energy Berhad (“Sapura Energy" or the “Company”) is pleased to announce that its wholly-owned subsidiaries in Engineering and Construction (E&C), Operations and Maintenance (O&M) and Drilling have been awarded contracts/contract extensions with a combined value of approximately RM1.2 billion.

30 September 2021 - Sapura Energy Berhad (“Sapura Energy" or the “Company”) is pleased to announce that its indirect wholly-owned subsidiary and joint venture in Engineering and Construction (E&C) have been awarded contracts with combined values of approximately RM942.0 million and RM1.7 billion respectively with total RM 2.642 billion.

Posted by masterkevin212 > 2021-11-10 14:57 | Report Abuse

This year it self already = RM 6.692 billion worth of contract being awarded

Posted by masterkevin212 > 2021-11-10 14:58 | Report Abuse

All these contract are very profitable contract as the major raw materials have started coming down.

Posted by strattegist > 2021-11-10 15:44 |

Post removed.Why?

Posted by cashflow > 2021-11-10 23:33 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/EIA-Oil-Demand-Rebounds-Faster-than-Supply.html

Posted by strattegist > 2021-11-11 12:54 | Report Abuse

seposen

Posted by jacksparrow > 2021-11-11 17:31 | Report Abuse

barai....
dah lama merudum... tunggu apa lagi...

Posted by ZackMaz > 2021-11-11 17:34 | Report Abuse

honestly, I'm so disappointed with this share. I have put all my saving in this stock, its already 2 years I stucked and couldn't come out. Hopes remain hopes, never knew whether I can come out or my saving money will burn just like that.

Posted by cashflow > 2021-11-11 19:32 | Report Abuse

Too many sharks and ESG is attacking Oil equities globally.

Posted by cashflow > 2021-11-11 23:28 | Report Abuse

https://www.theedgemarkets.com/article/cover-story-what-went-wrong-sapura-energy

Posted by Understand > 2021-11-12 09:52 | Report Abuse

Hope it can stay same for another 6months. Still looking for more funds =)

Posted by strattegist > 2021-11-12 10:04 |

Post removed.Why?

Posted by Jkoay > 2021-11-12 10:11 | Report Abuse

suppliers and vendors chasing for money

Posted by cashflow > 2021-11-12 15:55 | Report Abuse

Even AAX with 24billion debt can jump more than 2X from its low. Need more sentiment investors in Oil stocks.